Off-Market Fourplex in inner SE Portland Oregon

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Off-Market Fourplex in inner SE Portland Oregon

Nate Lindquist
Realtor and Investor · Portland, OR · Member since 2014 · 21 posts · 7 votes

I've got a lead on a fourplex for sale in inner SE Portland.  Asking price is 700K, rents are low (around 1,200/month).  Coin-op laundry on-site.  Contact me for more info.  Looking to partner with a buyer.  

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  • Nate Lindquist
    OP
    Realtor and Investor · Portland, OR · Member since 2014 · 21 posts · 7 votes
    11y

    20% down payment

    Current rents

    8% property Management Fee

    3% vacancy rate

    $1,300 insurance

    $7,100 property tax

    Current ROI = 4.22%

    With rents, increased to$1,350 ROI = 8.61%

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  • Charlie Fitzgerald
    Lender · Las Vegas, NV · Member since 2015 · 2k+ posts · 1k+ votes
    11y

    Hi Nate,

    When you find your partner, if I can be of assistance wit the acquisition financing, I'd be happy to do so.  We've got great rates, terms and superior service.  We can fund in 4-10 days from getting your buyers package back.  No credit hassles, stated income, bank statements to show payment reserves etc.  Easy process.  Check out my website below and let me know if I can help.

    Sincerely,

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